401(k) Monitor

Intel cut its 401(k) match, effective January 1, 2025

Intel cut its 401(k) match, effective January 1, 2025. Match reduced from 100% of contributions up to 7% of pay to 100% up to 5%, for pay dates after December 31, 2024. The maximum match falls from 7% to 5% of pay.

CompanyIntel
PlanIntel 401(k) Savings Plan
Effective dateJanuary 1, 2025
DirectionCut
Source filingForm 11-K, filed June 12, 2026, accession 0000050863-26-000142

Source: Form 11-K filed June 12, 2026, accession 0000050863-26-000142 · SEC

What the filing says, word for word

Eligible employees receive Company matching contributions with immediate eligibility. Effective January 1, 2024, the Company matching contribution was 100% of each eligible employee's eligible elective deferrals up to 7% of eligible compensation. For payroll periods with payment dates after December 31, 2024 the employer match contributions percentage is 100% of each eligible employee's eligible elective deferrals up to 5% of eligible compensation. The Company matching contribution will be trued-up each plan year to attain the appropriate allocation rate for the plan year as a whole.

Quoted verbatim from the filing linked above. Spelling and punctuation are the filing’s own.

Where this change comes from

401(k) Monitor reads the employer match, vesting, eligibility and automatic enrollment terms out of each plan’s SEC Form 11-K annual report. A change is recorded only when the filing states it, with the effective date the filing gives.

Other tracked changes

401(k) Monitor, “Intel cut its 401(k) match, effective January 1, 2025”, from SEC Form 11-K accession 0000050863-26-000142 filed June 12, 2026. https://401kmonitor.com/stats/401k-match-changes/intel-2025-01-01/